Africa

It is ten years since Business Excellence first visited Ambatovy Joint Venture Project in Madagascar. At that time, the mine was still at the preparatory phase, albeit with serious ambition. With total funding for the project crossing the $5.5 billion threshold, it was, and remains to this day, the largest investment in Madagascar’s history, and has contributed nearly a quarter of the country’s tax revenues since it become operational.

Analysts sometimes refer to the 21st century as ‘the African Century’, the idea that the continent of Africa will finally enjoy the peace, prosperity and cultural revival that its rich resources merit. Although there’s still plenty of work to be done to achieve this goal, the continent is certainly on the right trajectory. And, on all three fronts, its star pupil may be Rwanda.

SGS has been providing testing, inspection, and certification services to various industries in Tanzania since 1962. Today, it is the country’s leading provider of such services, serving industries ranging from mining and industrial to environmental, agricultural, oil, gas, and chemicals. In this article, we will discuss SGS Tanzania’s recent developments, role in the AngloGold Ashanti – Geita Gold Mining Limited project, exciting initiatives and services, partnerships, and collaborations.

It is ten years since Business Excellence first visited Ambatovy Joint Venture Project in Madagascar. At that time, the mine was still at the preparatory phase, albeit with serious ambition. With total funding for the project crossing the $5.5 billion threshold, it was, and remains to this day, the largest investment in Madagascar’s history, and has contributed nearly a quarter of the country’s tax revenues since it become operational.

Located 355 kilometres east of Burkina Faso’s capital, Ouagadougou, the Boungou mine is the fifth largest mine in the West African country, which is making a name for itself as a serious player in the global gold market. Gold production in Burkina Faso has been on a fast upward trend over the past decade, growing from 22 million ounces in 2010 to 58 million ounces in 2020. At the time of writing, production growth shows no sign of stopping.

Gold mining in Tanzania goes back to the end of the 19th century, when gold mines were discovered close to Lake Victoria. After several more finds over the course of the 20th century, a culture of gold mining took hold in the country. When the mines were privatized at the end of the 1980s, it opened the door to many of the world’s most highly-regarded mineral mining companies arrived in Tanzania.

Sustainability is becoming an increasingly important issue in the mining sector across Africa, and Namibia is no exception. As a country with a rich history of mining and blessed with multiple extractive assets, it is important for mining operations to consider the long-term impact of their activities on the environment and local communities.